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A children’s play school functioned on a monthly budget of $5000.
It would spend 65% of this on toys, 20% on food and the rest on maintenance of the premises.
Due to financial constraints, the budget that the play school had in the following month was slightly less.
It spent the same amount on food, but reduced the amount spent on toys by $750.
The remaining 12.5% of the amount was spent on maintenance work.
What was the percentage reduction in the monthly budget?